Richtech Robotics Inc-B SEC Filings

Phil Zheng, Chief Operating Officer and Director of Richtech Robotics Inc. (RR), reported the sale of 100,000 shares of Class B common stock on 08/26/2025. The sale was executed in multiple open-market trades at prices ranging from $2.38 to $3.24, with a weighted-average price of $3.010. Following the sale, Mr. Zheng directly beneficially owns 1,100,000 shares. The Form 4 states the 100,000 shares sold were originally acquired by the reporting person in October 2019. No derivative securities are reported on this form. The filing is signed by Phil Zheng on 08/28/2025 and the reporter offers to provide transaction-level details upon request.

Richtech Robotics Inc. (RR) files a prospectus supplement describing an "at-the-market" offering of up to 152,533,231 Class B common shares, assuming sale of 31,746,031 shares at $3.15 (Nasdaq close on August 26, 2025). The net proceeds are intended for working capital and general corporate purposes. Pro forma net tangible book value per share as of June 30, 2025 is shown as $0.87 (pre-offering net tangible book value $0.68, pro forma adjustments +$0.19), with an increase attributable to the offering of $0.36 and reported dilution to new investors of $1.92. The prospectus lists potential material risks including supply chain constraints for robot components, competition for enterprise clients, adoption assumptions, regulatory changes, intellectual property protection, financing needs, and workforce attraction and retention. It discloses exemptions tied to limited audited-history disclosure and certain Sarbanes-Oxley and executive-compensation disclosure requirements.

Richtech Robotics Inc. (RR) filed a Form 144 notifying the proposed sale of 100,000 shares of Common stock through UBS Financial Services, with an aggregate market value of $300,880. The filing states the shares represent founder shares acquired from the issuer on 11/21/2023.

The filing lists the issuer's total shares outstanding as 39,934,846 and an approximate sale date of 08/26/2025 on Nasdaq. The notice also discloses three recent Class B sales by Phil Zheng on 05/29/2025 (105,213 shares, $267,905.36), 06/03/2025 (40,000 shares, $98,040.24) and 06/05/2025 (54,787 shares, $137,145.78).

The filer certifies they are not aware of undisclosed material adverse information and provides the standard signature and legal attestation language.

Richtech Robotics Inc. reported consolidated assets of $107.3 million and a strengthened liquidity position with $32.9 million in cash and $52.6 million in short-term investments as of June 30, 2025. Net revenue for the nine months was $3.601 million (down 3.1% year‑over‑year) while consolidated net loss was $12.238 million for the nine months, with a net loss attributable to the company of $12.160 million. Gross profit increased to $2.723 million for the nine months, reflecting lower cost of revenue driven by expanded leasing and RaaS activity.

The company raised significant capital through an ATM program, issuing 23,682,395 Class B shares for net proceeds of approximately $50.85 million through June 30, 2025 and, subsequent to period end, issued 11,226,521 additional Class B shares for net proceeds of approximately $21.85 million. Key corporate developments include purchase of a ~20,000 sq.ft. facility for $4.1 million, inclusion in the FTSE Russell 2000 and Russell 3000 indexes, expansion of RaaS deployments (five Titan robots installed under an MSA with a U.S. dealership group), and a June 2025 New York civil action seeking damages in excess of $600,000.